Name: Indiana University Bloomington
Location: Bloomington, Indiana, obviously
Founded: 1820
Indiana University, noted theological school: Indiana was founded as the State Seminary and from the days the doors opened through 1885, all of the university presidents were in fact members of the clergy. Of course, they stopped that, making Indiana a school run by quitters.
The Indiana-Purdue rivalry sounds fun: Lemme quote this passage from IU’s Wikipedia page, talking about the early 20th century:
The curriculum emphasized the classics, as befitted a gentleman, and stood in contrast to the service-oriented curriculum at Purdue, which presented itself as of direct benefit to farmers, industrialists, and businessmen.